NYSE:NFGC New Found Gold (NFGC) Stock Forecast, Price & News $4.92 +0.48 (+10.81%) (As of 10:22 AM ET) Add Compare Share Share Today's Range$4.42▼$4.9550-Day Range$4.15▼$5.5652-Week Range$2.92▼$5.95Volume145,188 shsAverage Volume187,769 shsMarket Capitalization$866.36 millionP/E RatioN/ADividend YieldN/APrice Target$10.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsSocial Media New Found Gold MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside125.2% Upside$10.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.09Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.46 out of 5 starsBasic Materials Sector143rd out of 163 stocksGold & Silver Ores Industry24th out of 28 stocks 3.5 Analyst's Opinion Consensus RatingNew Found Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, New Found Gold has a forecasted upside of 125.2% from its current price of $4.44.Amount of Analyst CoverageNew Found Gold has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for NFGC. Previous Next 0.0 Dividend Strength Dividend YieldNew Found Gold does not currently pay a dividend.Dividend GrowthNew Found Gold does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NFGC. Previous Next 1.2 News and Social Media Coverage News SentimentNew Found Gold has a news sentiment score of 0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for New Found Gold this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 2 people have added New Found Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Found Gold insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 22.12% of the stock of New Found Gold is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of New Found Gold is -11.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of New Found Gold is -11.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNew Found Gold has a P/B Ratio of 12.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About New Found Gold (NYSE:NFGC) StockNew Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 86 mineral licenses and 6,041 claims covering an area of 151,030 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.Read More Receive NFGC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Found Gold and its competitors with MarketBeat's FREE daily newsletter. Email Address NFGC Stock News HeadlinesJune 5, 2023 | finance.yahoo.comNew Found Intercepts 105 G/T AU Over 27.1M at IcebergJune 2, 2023 | americanbankingnews.comNew Found Gold (NYSE:NFGC) Stock Price Up 4.7%June 5, 2023 | Edge On The Street (Ad)AI industry Is Exploding! New Breakthrough Expected this SummerBill Gates says the AI Era has begun. Every tech company is looking to integrate artificial intelligence. A young company holds the secret to the next biggest AI advancement.May 31, 2023 | finance.yahoo.comNew Found Extends Strike Length of Iceberg Ten-Fold to 550m With 375m Step-Out North & 110m Step-Out South, Intercepts 19.6 g/t Au Over 5.25m & 21.7 g/t Au Over 4.45mMay 29, 2023 | americanbankingnews.comFinancial Survey: Sibanye Stillwater (NYSE:SBSW) versus New Found Gold (NYSE:NFGC)May 26, 2023 | americanbankingnews.comNew Found Gold (NYSE:NFGC) versus First Majestic Silver (NYSE:AG) Head-To-Head ReviewMay 26, 2023 | juniorminingnetwork.comNew Found Gold Corp. Announces Acquisition of Securities of Kirkland Lake Discoveries Corp.May 25, 2023 | businesswire.comAu (g/t)June 5, 2023 | Edge On The Street (Ad)AI industry Is Exploding! New Breakthrough Expected this SummerBill Gates says the AI Era has begun. Every tech company is looking to integrate artificial intelligence. A young company holds the secret to the next biggest AI advancement.May 25, 2023 | finance.yahoo.comNew Found Hits Significant Gold Mineralization in 27 of 33 Holes Drilled in Inaugural Drill Program at Queensway South Including 19.0 G/T AU Over 3.15MMay 22, 2023 | americanbankingnews.comHead-To-Head Comparison: New Found Gold (NYSE:NFGC) versus DRDGOLD (NYSE:DRD)May 20, 2023 | americanbankingnews.comNew Found Gold (NYSE:NFGC) Shares Down 4.5% May 17, 2023 | finance.yahoo.comNew Found Intercepts 5.16 g/t Au Over 28.65m & 4.02 g/t Au Over 14.65m at Keats WestMay 11, 2023 | businesswire.comZoneMay 11, 2023 | americanbankingnews.comNew Found Gold (NYSE:NFGC) & Pan American Silver (NASDAQ:PAAS) Critical ReviewMay 10, 2023 | finance.yahoo.comNew Found Discovers Three New Gold Zones Along Appleton Fault Zone – Monte Carlo, K2 & Everest; Extends AFZ Mineralized Envelope to 4.1km X 400mMay 5, 2023 | finance.yahoo.comNewfoundland & Labrador Ranked #4 Mining Jurisdiction in the World by Fraser InstituteMay 3, 2023 | americanbankingnews.comContrasting New Found Gold (NYSE:NFGC) and Pan American Silver (NASDAQ:PAAS)April 27, 2023 | msn.comIs gold a safe investment?April 25, 2023 | msn.comNew gold rush in California triggered by record rainfall and forest firesApril 25, 2023 | finance.yahoo.comNew Found Intercepts 17.2 g/t Au Over 22.9m & 12.0 g/t Au Over 18.4m at Keats WestApril 18, 2023 | finance.yahoo.comNew Found Intercepts 4.27 g/t Au Over 31.55m, Extends Keats West to 250m Along StrikeApril 16, 2023 | americanbankingnews.comContrasting New Found Gold (NYSE:NFGC) and Loncor Gold (OTCMKTS:LONCF)April 16, 2023 | americanbankingnews.comCritical Survey: Franco-Nevada (NYSE:FNV) versus New Found Gold (NYSE:NFGC)April 14, 2023 | americanbankingnews.comNew Found Gold (NYSE:NFGC) Sees Strong Trading VolumeApril 11, 2023 | news.yahoo.comA gold miner found a mysterious grapefruit-sized fur ball. It turned out to be a 'perfectly preserved' 30,000-year-old squirrel.April 8, 2023 | americanbankingnews.comNew Found Gold (NYSE:NFGC) Sees Unusually-High Trading VolumeSee More Headlines NFGC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NFGC Company Calendar Last Earnings3/30/2023Today6/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:NFGC CUSIPN/A CIK1840616 Webnewfoundgold.ca Phone604-562-9664FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$10.00 High Stock Price Forecast$10.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+125.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.38) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-69,220,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-118.06% Return on Assets-91.50% Debt Debt-to-Equity RatioN/A Current Ratio3.19 Quick Ratio3.19 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$0.27 per share Price / Book16.44Miscellaneous Outstanding Shares176,090,000Free FloatN/AMarket Cap$781.84 million OptionableNot Optionable Beta1.41 Key ExecutivesMr. Collin Kettell (Age 32)Founder, Exec. Chairman & CEO Comp: $295.43kMr. Denis Roland Laviolette B.Sc (Age 38)B.Sc., Founder, Pres & Director Comp: $206.8kMr. Michael Kanevsky C.A. (Age 41)CPA, Chief Financial Officer Comp: $53.18kMr. Greg Matheson B.Sc. (Age 37)P. Geo, P.Geo., Chief Operating Officer Comp: $192.03kMr. Kenneth Edward Rattee B.sc. (Age 66)Sr. Geologist Ms. Melissa Render P.Geo.VP of ExplorationMr. Ronald HamptonChief Devel. OfficerMs. Janet Francis (Age 55)Corp. Sec. More ExecutivesKey CompetitorsEndeavour SilverNYSE:EXKFortuna Silver MinesNYSE:FSMCoeur MiningNYSE:CDESeabridge GoldNYSE:SAMcEwen MiningNYSE:MUXView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Bought 120,937 shares on 5/18/2023Ownership: 0.074%Susquehanna International Group LLPBought 20,700 shares on 5/16/2023Ownership: 0.000%Sentinus LLCBought 17,550 shares on 5/16/2023Ownership: 0.035%Bank of America Corp DESold 10,148 shares on 5/12/2023Ownership: 0.014%Group One Trading L.P.Bought 12,900 shares on 5/12/2023Ownership: 0.000%View All Institutional Transactions NFGC Stock - Frequently Asked Questions Should I buy or sell New Found Gold stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New Found Gold in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NFGC shares. View NFGC analyst ratings or view top-rated stocks. What is New Found Gold's stock price forecast for 2023? 1 Wall Street research analysts have issued twelve-month price objectives for New Found Gold's shares. Their NFGC share price forecasts range from $10.00 to $10.00. On average, they anticipate the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 125.2% from the stock's current price. View analysts price targets for NFGC or view top-rated stocks among Wall Street analysts. How have NFGC shares performed in 2023? New Found Gold's stock was trading at $4.04 at the start of the year. Since then, NFGC shares have increased by 9.9% and is now trading at $4.44. View the best growth stocks for 2023 here. How were New Found Gold's earnings last quarter? New Found Gold Corp. (NYSE:NFGC) released its earnings results on Thursday, March, 30th. The company reported ($0.10) earnings per share (EPS) for the quarter. What is New Found Gold's stock symbol? New Found Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "NFGC." Who are New Found Gold's major shareholders? New Found Gold's stock is owned by a variety of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (2.74%), Integrated Advisors Network LLC (0.38%), JPMorgan Chase & Co. (0.07%), Susquehanna International Group LLP (0.00%), Sentinus LLC (0.04%) and Bank of America Corp DE (0.01%). How do I buy shares of New Found Gold? Shares of NFGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is New Found Gold's stock price today? One share of NFGC stock can currently be purchased for approximately $4.44. How much money does New Found Gold make? New Found Gold (NYSE:NFGC) has a market capitalization of $781.84 million. The company earns $-69,220,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis. How can I contact New Found Gold? New Found Gold's mailing address is 800 West Pender Street Suite 1430 Vancouver, BC V6C 2V6 Canada https://newfoundgold.ca800 West Pender Street Suite 1430 Vancouver, BC V6C 2V6 Canada. The official website for the company is newfoundgold.ca. The company can be reached via phone at 604-562-9664. This page (NYSE:NFGC) was last updated on 6/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New Found Gold Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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